Friday, April 8, 2011

401K Plans Up For Grabs By Major Banks!

Think hard about this one! Billions of Tax dollars go to bail out all these banks, who couldn't manage their own money - Now they want to take over managing yours!? No Thanks!!!!!



Mathews Realty Group

Retirement Investment Services

Self Direct IRA/401K specialists

Amplify’d from money.msn.com

4/6/2011 2:21 PM ET

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By Bloomberg Businessweek

Morningstar on MSN Money

Big banks go after 401k trillions

On the prowl to replace lost income, banks are seeking a bigger slice of the growing, $2.9 trillion 401k pie.

Americans held $2.9 trillion in 401k plans as of September, and the total may reach $4 trillion by 2015, according to Cerulli Associates, a Boston research firm.

Read more at money.msn.com
 

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